1、FROM MICRO-SAVING TO BIG IMPAC TThe world of embedded savings2023DR.MOHAMMAD NIKKARSenior Manager,Financial ServicesD ARJUN SINGHPartner,Financial ServicesDALEXANDER KATZENSCHLAEGERPrincipal,Financial ServicesV MARTIN RAUCHENWALDPartner,Financial ServicesVCONTENTEXECUTIVE SUMMARY 31.UNCOVERING THE P

2、OTENTIAL 4 OF EMBEDDED SAVINGS2.WHY TALK ABOUT EMBEDDED SAVINGS NOW?63.EXPLORING THE COMPONENTS OF EMBEDDED SAVINGS 104.UNLOCKING THE BENEFITS OF MICRO-SAVING 115.EMBEDDED SAVINGS USE CASES FROM LUXURY GOODS TO UTILITIES 126.CHOOSING THE RIGHT TECHNOLOGY PARTNER 14CONCLUSION 182AN UNDERESTIMATED RES

3、OURCEEmbedded finance(EmFi)arguably has been the most hyped financial technology topic of the past two years.Its rise has forced traditional finance to take a back seat to make way for a more integrated and seamless customer experience.The EmFi market size and its many components,including payments,

4、lending,savings,insurance,and investments,is estimated to reach US$7.2 trillion by 2026.While EmFis focus is often on payments and lending,there is a lesser-known side of the trend:embedded savings.Despite the possibilities,which are wide-ranging and largely untapped,embedded savings has yet to rece

5、ive its share of recognition and attention.In this Report,we aim to shed light on the importance of embedded savings and why it deserves more consideration in the context of EmFi.We will examine:-How embedded savings differs from other forms of EmFi.-Categories of embedded savings products.-Benefits

6、 of incorporating embedded savings into an EmFi strategy.-Real-life use cases that already exist around the world.-Criteria for selecting the ideal technology partner.E XECUTIVE SUMMARYARTHUR D.LITTLE31.UNCOVERING THE P OTENTIAL OF EMBEDDED SAVINGSEmFi is essentially the placement of a financial pro